2013-01-04 18:33:45 -
San Francisco//January 4, 2013-NEAH Transportation Holdings, Inc. ("NEAH
Transportation") announced today that it has retained Merriman Capital as its
sole financial advisor for all capital markets related activities. NEAH
Transportation manufactures and assembles Refrigerated Transportation Vehicles
("RTV") ranging from 14' to 53 feet in length, powered by solar energy and
natural gas, blending renewable energy with traditional manufacturing.
Truck transportation generates roughly $250 billion in revenue annually in the
United States. Trucking companies invest billions of dollars in equipment and
infrastructure to ensure that shipments arrive on-time and intact. Refrigerated
trucks containing perishable food and other goods that need to be kept cold have
unique constraints that can be a challenge for a trucking company.
"Excessive transportation losses attributed to food spoilage, fuel costs, and
maintenance is squeezing profit margins of all major food transport,
distribution and processors", stated Steve Kehrer, NEAH's Chief Operating
Officer. "NEAH Transportation is manufacturing a game changing new class of
energy and thermal efficient RTV's for the perishable food industry.
About NEAH Transportation Holdings, Inc.
NEAH Transportation Holdings, Inc. is an affiliate of NEAH Energy ("NEAH"). NEAH
is an acquisition company formed to acquire industrial and energy-related assets
and companies and, in some cases, invest in the public or private equity and
debt of such assets or companies, with substantial growth and profit potential.
NEAH Holdings invests in assets that can benefit from the Company's financial,
operational, and management expertise as well as insight, relationship network,
and senior-level guidance. For more information go to www.neahenergy.com
About Merriman Capital
Merriman Capital, Inc. is an advisory-focused registered investment bank that
provides equity and options execution services, market making, and
differentiated research for high growth companies. The firm also offers capital
raising, advisory, and M&A services. Merriman Capital, Inc. is a wholly owned
subsidiary of Merriman Holdings, Inc. (OTCQX: MERR) and is the leading
investment banking firm for OTCQX companies. For more information, please go to
www.merrimanco.com/.
Merriman Capital, Inc. is a registered broker-dealer and member of The Financial
Industry Regulatory Authority (FINRA)
www.finra.org/ and the Securities
Investor Protection Corporation (SIPC)
www.sipc.org/.
Note to Investors
This press release contains certain forward-looking statements based on our
current expectations, forecasts and assumptions that involve risks and
uncertainties. This release does not constitute an offer to sell or a
solicitation of offers to buy any securities of the Company. Forward-looking
statements in this release are based on information available to us as of the
date hereof. Our actual results may differ materially from those stated or
implied in such forward-looking statements, due to risks and uncertainties
associated with our business, which include the risk factors disclosed in our
Form 10-K/A filed on April 30, 2012 and the Form 10-Q filed on November
14, 2012. Forward-looking statements include statements regarding our
expectations, beliefs, intentions or strategies regarding the future and can be
identified by forward-looking words such as "anticipate," "believe,"
"could,"
"estimate," "expect," "intend," "may,"
"should," and "would" or similar words.
We assume no obligation to update the information included in this press
release, whether as a result of new information, future events or otherwise. The
Form 10-K/A filed on April 30, 2012 and the Form 10-Q filed on November
14, 2012, together with this press release and the financial information
contained herein, are available on our website, www.merrimanco.com. Please click
on "Investor Relations."
# # #
At Merriman:
Douglas Rogers
Managing Director
Merriman Capital, Inc.
(415) 248-5612
This announcement is distributed by Thomson Reuters on behalf of
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(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Merriman Holdings Inc. via Thomson Reuters ONE
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